NPP Ex-Dividend Reminder - 4/11/13

Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, Nuveen Performance Plus Municipal Fund, Inc. ( NPP) NPP will trade ex-dividend, for its monthly dividend of $0.077, payable on 5/1/13. As a percentage of NPP's recent stock price of $16.01, this dividend works out to approximately 0.48%.

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Below is a dividend history chart for NPP, showing historical dividends prior to the most recent $0.077 declared by Nuveen Performance Plus Municipal Fund, Inc.:

NPP+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NPP is likely to continue, and whether the current estimated yield of 5.77% on annualized basis is a reasonable expectation of annual yield going forward.

According to the ETF Finder at ETF Channel, NPP makes up 2.82% of the CEF Municipal Income ETF ( XMPT) XMPT which is trading relatively unchanged on the day Tuesday.

In Tuesday trading, Nuveen Performance Plus Municipal Fund, Inc. shares are currently trading flat on the day.
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